kayla, catty, peter and devlin.reat conversation and we have a special editionf the "washington week" extra. i'll be answering your questions on febook live starting at 8:30 p.m. eastern time. i hope you'll join me and i have some news to share. i'm thanks for joining us. announcer: fundi for "washington week" is provide by -- newman's own foundation, donating all profits from newman's own food products to charity and nourishing the common good. the ethics and excellence in journalism foundation. koo and patricia yuen for the yuen foundation, committed to bridging cultural differences in our communities. the corpuation -- corporation forad public brocasting and contributions to your pbs contributions to your pbs station from viewersike you. announcer: a kqed televis♪on production. ♪ ♪ narrator: this is a scopiton these are virtues. these are letters of an iconic san francisco sign that once lived high about mission and 17th. ♪ thess are films, lots and l films, and this is steven parr. he's n archivist, a curator, a

and kayla is back with the details.he president taking a firmer stance on the evidence provided by the u.s. intelligence community about the russian interference in the 2016 election he says he has full faith and support for american intelligence agencies. and says he accepts the u.s. intelligence community's conclusion that russia meddling took place though he says that russia's actions had no impact on the outcome of the elections he says that the u.s. has never had a worse relationship with russia, but it got better and may get better in the future these are comments he makes in front of a handful of members of congress, republican members of congress they're at the white house to talk about tax reform. but he is using this as an opportunity to re-establish his views in the wake of some withering criticism following the meeting in helsinki yesterday wrp the president basically put the u.s. and russia on equal footing. he blamed them equally for the actions of the 2016 election interference and the deterioration of ru

kayla tausche has more on the trade developments from the white house tonight. kayla?> bill, two months into an escalating trade fight and after more than two hours behind closed door, theeaders of the united states and the european commission emerged to announce a suspension of the tit for tat moves that have been escalating relations between the two, and because of a new deal.re here'sdent trump. >> we also will resolve the steel andf aluminum tar issues and we will resolve retaliatory tariffs. we have some tariffs that are retaliatory and that will get resolved as part of what we're doing. >> so thosenomic weapons will be laid down. the european commission said that as long as negotiations continue in good faith and no new action will be put in place. >> as long as there is safety,u ss one party would stop with the negotiations, we will have further tariffs and re-assess e existing tariffs on steel and aluminum. >> so what does this deal look like? the european union will work toward bing more soybeans and buy more u.s. natural gas. they will try totrmline regulatio

kayla is at the white house for us hi, kayla. >> hey, court. this visit is coming two months into the term of the italian prime minister on the agenda today trade where the u.s. has a trade deficit with italy that trump pointed out, and military spending where italy is contributing just half of the 2% gdp requirement to nato apart from that these two leaders have many more areas agreement than areas of frukz, and the president singled out one of them in the oval office last hour. >> i agree very much what you are doing with respect to migration and illegal immigration, and even legal immigration. at least taking a very firm stance on the border a stance a few countries have taken and, frankly, you're doing the right thing in my opinion, and a lot of other countries in europe should be doing it also >> in addition to sharing views on immigration, these two are also both complete kplikt political outsiders. having not served in political office they're both skeptical of the european union this despite president trump's agreement with the european

. >> reporter: tables turned on a convicted serial killer, kayla held? >> 6 five days. >> reporter: two years ago, detectives broke into a steel box on his property, they found kayla shackled to a wall, then 30 years old. she had been kidnapped and raped. her boyfriend who had been with her shot and killed. >> he shot him in the chest. >> reporter: today on the stand. >> the action of the defendant during those 65 days cause you pain? >> yes, sir. >> there was a part of me that wanted to issue my own justice on him. he is the evil incarnate, he is the devil. >> reporter: brown's lawyers laying out a case that the actions including kidnapping, assault, inflection of emotional distress resulted in pain and suffering and brown asking for $3 million for medical expenses and $360 million in damages. >> if it wasn't for everyone out there, i don't think i would be here today. >> reporter: it wasn't until his arrest. >> turn around and put your hands behind your back. >> reporter: 13 years of unsolved murders were resolved after the one-time real estate agent c

thank you, kayla so while the president is pushing ahead with his trade agenda, some are taking aim at the president's tariffs. >> a tariff is a tax so we have a policy now that is taxing the american consumer and then bailing out u.s. farmers with welfare i don't get it i don't agree with it. >> he by the way is retiring from congress in the fall and is expressing concern about a number of other issues, particularly executive power >> i think that donald trump has too much power and i think that congress needs to reassert their authority. last i read the constitution, it's congress that has authority over tariffs, it's congress that has authority over trade, and we ought to take some of that back. >> here to weigh in on trade, tariffs and more is arthur brooks, president of the american enterprise institute. we call it aei for short, host of the new podcast "the arthur brooks show" and a long-time guest on cnbc. >> good to be with you. >> there are many former members of aei at the white house and the president is pushing tariffs. does aei believe in tariffs? >> well, we're a think ta

kayla tausche has more on this story. kayla. >> contessa, a grand jury impanelled by special counsel robert mueller indicting those 12 russian intelligence officers, finding that they hacked into the clinton campaign, the dnc and the democratic congressional committee. the 11 criminal counts range from conspiracy to commit an offense against the u.s. to aggravated identity left to money laundering deputy attorney general rod rosenstein, who oversees the investigation, said he briefed the president earlier this week on the charges and that president trump was fully aware of what the doj would announce but wouldn't say whether he supported the move >> the president speaks for himself. obviously it was important for the president to know what information we've uncovered because he's got to make very important decisions for the country, so he needs to understand what evidence we have of foreign election interference. >> the announcement coming just two days before president trump is set to meet vladimir putin in helsinki earl

kayla tausche joins me with more on this whole story. kayla?well, you mentioned the stock market and that is one reason why the administration perhaps was emboldened to release this list of tariff products when it did. the stock market in the wake of the jobs data and economic growth data and the fed meeting last week has been extremely resilient despite all of the uncertainty because of trade. that's one reason in addition to the fact that north korea has begun rebelling that there's no near-term catalyst for talks with beijing. for the administration last night to say, hey, we're making progress behind the scenes. here's the list of products that we would target with this massive new tariff list and in a couple months' time if we feel we haven't made progress, you could see this come to fruition. >> at some point in your learned opinion does the stock market start to say this is really getting bad. we're now going to put tariffs on more products than china imports from the united states, so the china and canada and european union and mexico m

our kayla tausche is standing by with that story. >> president bush successfully jawboning the markets today after suggesting rates should stay lower and that the dollar's strength hurts the u.s. on trade. on twitter he reiterated comments that he made to cnbc that china the eu and others are manipulating their currencies and interest rates lower while the u.s. is raising rates while the dollar gets stronger every day, taking away the u.s.' big competitive edge tightening hurts all that we have done and that the u.s. should, instead stead, be able to capture what it lost. sending the dollar index down nearly $1% and as one investor put it, shielding china that two can play that game after the people's bank of china moved the yuan for the biggest one-day devaluation in two years and after china's trade surplus in june touched a record stephen mnuchin just spoke to traders in buenos aires saying the strong dollar is still important for the u.s. in the long term and that he is closely monitoring the yuan weakness for manipulation devaluation is just one of the tools that china is using to

kay kay kay kayla tausche has more on the super powers?dbag, sporting equipment and building materials among the new items in the crosshairs of the u.s./c the trump administration could slap tariffs on $200 billion on chinese goods on top of 0 billion already targeted. china last week began retaliating u.s. crops. the white house has prepared new etriffs in response. president trump tg from the nato summit that he's always thinking about our farmersng sa for years, other countries' trade barriers hav d beentroying their businesses. china's commerce ministry said tuesday it would again hit back with firm and force will measures. experts say that tool box is >> china perhaps has a more diverse set of tools and is more willing to color outside of the lines. the u.s. may have similar measure, but we don't employ themiven our commitment to market values, the liberal economy. .s. companies are worried about rising prices and roadblocks to business. >> i don't tnk there's any question that china is a violator on intellectual property issues and t

kay kayla tauschy hashe details. >> farmers are feeling theas he u.s.ariffs are met with retaliation in america's heartland. president trump said the end result will be better deals with trading partners. > we're making tremendous progress they're all coming and they don't want to have the tariffs put on them. they're all coming to see us and the farmers will be theiggest beneficiaries. just be a little patient. >> to buy that patience, the department of agriculture put2 together a illion fund, temporary aid that will be paid directly tors farhose crops like soybeans plummet in price and buying surplus in other crops like fruits and nuts where markets dry up up. usda called it a short-term bridge to offset immediate financia stress from market disruption. the farm groups and republican lawmakers didn't buy it. >> havg talked to a lot of farmers over the weekend, i got the same refrain whichur i'm se you've heard a lot which is wee want tr not aid. >> nebraska senator ben sasse lled the fundbailouts saying this trade war is cutting the legs out from unde

>> kayla, thank you very much. we'll be watching.s mike mentioned earlier, maybe it will get leaked a little early. we'll have to wait and see kayla tausche. >>> a trade war is under way the 25% tariff on soy bones is hitting some states hard joining us now is asa hutchinson, the governor from arkansas thank you for being bus this morning. >> good to be with you today >> what have the tariffs meant to this point for your state >> well, our number one ak export is joy beans. we sell them to china. the ag experts say with a 25% tariff, that will be reduced by 2/3. we can make up that by expending other overseas it will affect price and exports. we're concerned about the retol tal torrey impacts of a war or skirmishing and we're feeling the impact of in terms of price. arkansas, we rely upon our ex poerts overseas in terms of products but also ag products more specifically. we're hurt both by the tariffs that we impose but also tariffs that come back in a retol tal torrey fashion we give confidence to the president but we hope to bring

rob stafford: remember valerie thomas's daughter, kayla? she's the adorable eight-year-old who got sinus surgery from mark weinberger back in 2004, when her real problem was a brain tumor. kayla: he knew what he was doing. he knew that the surgery, you know, could cause me problems. what kind of a man do you think would skip out on all this-- a coward. rob stafford: while weinberger was off chasing adventure in europe-- monica: are you happy? i'm happy, baby. rob stafford: --kayla thomas had been growing up with a benign tumor in her head. kayla's mom says doctors told her most of the tumor could not be removed, because extensive scar tissue from the weinberger surgery blocked their access to it. and she's had many spinal taps since, because the tumor caused increased intercranial pressure. a lot of things we're taking day by day. and that's the way you want to take it. there's no-- i guess, right now, there's no other way to take it. rob stafford: she wonders what life would have been like had she never met mark weinberger. kayla: if they'

kayla is in washington with the latest hi, kayla. >> out of four candidates president trump is honingording to nbc news. both 53 years old and both served at federal appellate judges and served in the current roles more than a decked the first, brett kavanaugh of d.c. is seen as the establishment choice with codified views and a public profile and nearly a dozen of his opinions held up by supreme court majorities he has a long record praised by presidents a outside judicial adviser, among others. know critics may seize on his role oversees documents that were processed and landed on the desk of president george w. bush as well as his role as a staffer for ken starr, the independent counsel in the white water investigation. the second candidate the president is said to be closely watching is judge thomas hardiman from the third circuit court of appeals in pittsburgh he was the runner-up in the nomination to justice neil gorsuch last year. and actually worked with president trump's sister, herself a judgen oh the third circuit court of appeals his views are reliably conservative but les

kayla tausche is live in washington with more hi, kayla. >> the president's message for the farm communityaround the time the u.s. department of agriculture was rolling out a relief package for farmers affected by retaliatory tariffs. the package is $12 billion in size and unclear how long it lasts. but the u.s. department of agriculture says it has a couple different parts. the first is direct payments to farmers. and those will be farms that deal with soybeans, corn, wheat, and milk and hogs. the second portion will be purchases of surplus crops that you can expect fruit nuts leg um and milk the disbursements will happen by labor day. and in the coming weeks any will work out the details of the plan, who qualifies and how long they last. any essentially said the goal of the program is to buy the administration time to work out trade deals. but the fact that the disbursements will be made around labor day means the administration don't think the trade disputes will be solved before then. and usda officials said the program while temporary in nature they couldn't say how long it lasts it w

let's get to kayla tausche in d.c.h the latest details >> after several hours behind closed doors, delegations from the u.s. and the european union hammered out an agreement to begin a dialogue to talk about lowering tariffs across the board for non-auto industrial goods in the president's words also, they are going to talk about sending more u.s. soybeans and natural gas to europe, and according to president trump in response to that, each side will lay down the weapons that they've been using in this trade war. >> we also will resolve the steel and aluminum tariff issues, and we will resolve, retaliatory tariffs. we have some tariffs that are retaliatory, and that will get resolved as part of what we're doing. >> according to the european commission president jean claude junker who spoke after the president said so long as both sides continue negotiating there will be no new tariffs put in place. that would seem to suggest that the u.s. will not go forward with auto tariffs that the president has been suggesting to p

kayla?'re getting some headlines from reuters that the new incoming president from mexico says he feels confident the u.s. and mexico can reach negotiations on nafta in the coming days. it's unclear what exactly he's referring to, whether this is an agreement on the entirety of what the u.s. has put forward or a narrow agreement on just one part of the deal like autos and content requirements, and where certain parts come from, and whether there's a wage requirement for factory workers on either side of the boarder. those have been discussed and those have been at issue in these talks. also unclear where canada figures into this. u.s. trade representative confirming the talks held here on thursday will be just u.s. and mexico and it'll be to reach a bilateral deal and then try to get canada to come to the table. >> an interesting positive trade step we want to ask you about the reports the treasury department is considering bypassing congress to cut $100 billion in taxes. what's the late s o

vladimir putin has always denied it back to you. >> do we know, kayla, if the president was made aware of these indictments before this afternoon, before they hit the wires? >> we do the the deputy toench rod rosenstein said he briefed the president earlier. and he wouldn't comment if he supported the doj's move, the special counsel's move of this indictment, only they would present the evidence of the case as it stands >> interesting timing. kayla, thank you very much >> the news of those indictments did come out at the same time president trump was meeting with the queen of england wilfred? >> reporter: hey, sara yes indeed it's been a roller coaster 24 hours for the president here in the u.k. particularly late last night when that bombshell interview he gave to the sun interview hit and lowered the tone between him and the prime minister particularly in the part where he apparently suggested he would rather have the former foreign secretary who resigned this week boris johnson as prime minister over theresa may in a press conference at checkers alongside the prime minister he put th

kayla tausche is looking at that >> part of that agreement, two sides will hold off on announcing newiffs, that would include new u.s. auto tariffs and any eu retaliation planned in response. the aims of the dialogue, lower tariff barriers, increase exports and make changes to the world trade organization steve mnuchin says reaching those goals will take time. >> the first issue that we'll begin negotiating is to resolve steel and aluminum tariffs and retaliatory tariffs. phase one is to immediately resolve those issues the eu, i think you'll see pieces of this roll out. it is not one major agreement, it will be pieces we agree over time. i think we're making a lot of progress >> mnuchin said this deal is different from a similar truce with china reached in may that proved to be very temporary. two weeks afterwards, they bought more soybeans and energy. mnuchin didn't comment on where things stand with china. the next target is nafta mexican officials are in town to meet with robert lighthizer. the meeting takes place at 2:00 p.m mexico is said to want a deal by september 1st when its

house where any minute now president trump will make remarks at made in america event let's bring in kayla tausche for a review >> reporter: the second annual made in america event. it was established last year by reince priebus at the time to deflect away from the headlines about rush 1siarussia. again some of those at play this year but you have a list of 50 plus manufacturers representing each of the 50 states touting the goods that they make here in the u.s. they range from viking stoves in mississippi to ford f 150s in michigan and even f 35 fighter jets from lockheed are mmarlin earlier today mike pence toured those 50 manufacturers inthe booths that they had set up here at the white house and in just a few moments, we'll hear from the president as well. it is interesting that today's event is about manufacturing in the u.s. because for many of those manufacturers who make goods here but then send them to the rest of the world, they have been under pressure whether because of retaliation or because of their input costs going up because of the tariffs the white house has put in place.

her mom, vanessa, a special needs teacher, dad, brian, an accountant and older sister kayla all welcomed a very typical baby girl to their loving home outside chicago. >> this is her shortly after she was born. and you can just even see she's a happy baby then. >> reporter: you guys are so cute. >> she was always laughing, smiling. >> reporter: what kind of pre-k student was she? >> she came home telling us, like "it was so great. i love my teachers. i love the school." you know, listing off every single friend in the classroom. >> she was on track. she was even advanced in different areas. she was just a simple 4-year-old. >> reporter: on track until the winter of 2014 when, as it always does, the petri dish of germs, otherwise known as pre-school, claimed its first victim. and that's when her mother says alexia's simple sore throat turned sinister. >> she wasn't really wanting to wake up from a nap. and she had minor fever. >> reporter: and what did the doctor say? >> no big deal, just run of the mill strep throat. >> reporter: a typical course of antibiotics made short work of the str

. >> i want to go to kayla in washington, d.c. with news from deputy rod rosenstein.la. >> we are expect iing a press conference any moment, but we are getting the news that 12 named russian intelligence offers are going to be indicteded today for hacking into the dnc in hopes of potentially influencing the outcome of the election. that's the information we have you might remember the last time rosenstein made a public announcement related to the russia investigation and the 2016 meddling in the election was in february when the department of justice indicted 13 russian nationals that time that were associated with attempted meddle ling in the 2016 election, so we'll get you more information as we have it, but that is what we have at this moment >> thank you we're going to get more, the press conference begins soon i want to bring in scott wapner, who has been monitoring things going on in the u.k. and of course the markets themselves, scott, inclouding the bank earnings from this morning somewhat mixed picture because jpmorgan is up, but a lot going on around the wor

manufacturing, but exporters, carl, could have a different conversation in mind >> kayla tausche at theouse. thank you. >>> oil up slightly on rising iran tensions and g 20 leaders caution on global growth as tariff overhang remains in focus. jim, i'll start with you, you said this morning you pointed back to a report that found presidential tweets about trade don't seem to matter much to the markets. you asked whether that would be different for geopolitics and war. dow is down 17 points. >> maybe that's your answer. as far as on the trade issue, markets seem to not be taking tweets into account. interestingly, when he was tweeting about korea and war, markets did seem to take that more seriously you're right markets are green. perhaps they're overwhelmed. so far in the last ten tweets we've had the president talk about iran, we've had him go again after amazon, we had the anti-fed tweet maybe it is paralysis being overwhelmed with the sheer number of fights he is picking on twitter the last couple of days >> greg, what should we be paying attention to when it comes to official stateme

announces new tariffs on chinese goods kayla tausche has the latest for us >> reporter: the republicanongress on trade says he wants the two leaders of the u.s. and china to hash this out risking a multi-trade war. that was echoed by house speaker paul ryan this morning this comes after the trump administration took the covers off a new set of tariffs targeting chinese imports from handbags to fish sticks to toilet paper the list is wide ranging and the trade associations have warned to see higher prices as a result but the administration according to peter navarro thinks that the tariff would blunt that impact navarro said that back in june when the white house first set sights on tariffs that would touch nearly all of china's imports is china retaliated. and then china did and it says it will again as the commerce ministry is pulling firm and forceful measures, but china has not said what they will be. with the tariffs teed up for this month, the question on investors minds is, why now? there are a few reasons. first, to get the ball rolling on a lengthy legal process to impose the t

kayla tausche is in the washington bureau. eamon.e up first. >> tyler my apologizes i'm doing it out of the noektd because i got off the phone with the white house official and wanted to relay new information. process. part of what's driving the president's focus here on the fed over the past 224 horsepower starting with the joe kernen interview is that i'm told by a white house official the president is worried that the fed is going to raise rates twice this year. and the president by his very nature li nature is a low interest guy that's sort of what his concerns is all about i'm also told that the president ultimately is not telling the fed what to do and that he gets it in terms of the fed as independence but simply expressing his opinion long held opinion as a builder. i'm also told aides are advisesing the president at this time to simply let the fed do this at this point they are saying the fed is doing it right let it happen the sooner it happens the sooner it's over. that is the sooner the rate hikes will be over and aides a

here in washington where that will be the topic of the day guys >> all right thank you, kayla >> now's get back to the impact on markets. mike san toll i is with us mike, the dow is mostly higher only two be components >> a lot of the trade talk for the gegeopolitical frick shons, there has to be -- you have to see emerging markets melting down and some kind of rupture in the capital markets that really impacts portfolios in the way investors think about risk i don't think you've seeb that on a sustained basis right now maybe people are trying to look on the bright side and sort of not flinch in advance of whatever the impact might be of tariffs. when it comes to the relationship with allies, the market doesn't see anything really priced in at this point th a big picture, very long-term. if it's going to be an unwind of what started as commercial -- getting stronger, companies can become more global, if that's going to be reversed, it's going to be so slow and tectonic, the market won't be focused. >> one group where we're seeing a difference is defense stocks we're seeing a bounce t

his 10-year-old daughter kayla said she worried what would happen to her dad. >> a lot of mexicans emigrated here. and they're happy with their families. and they're being separated. and it does scare me. >> reporter: though many here sympathize with immigrants crossing illegally into the u.s., others want them to go through the legal process. >> we have to go through immigration and all people want [ inaudible ] >> for the certa family, their immigration story doesn't end here. raul's wife, monica, has been in the u.s. since she was 8. and is still hoping someday to be a u.s. citizen. >> like this is what i know. if i was to go back there, it would be -- i would be lost. >> today, she celebrates her husband. >> at here. a proud moment. their pas inside, that the united states now longs to -- belongs to them. >>> the biggest wildfire so far of the season continues to grow. let's take a live look now at the county fire this. is burning in yolo and napa counties. the blaze has been burning since saturday, in some hilly terrain, where it's hard to fight. the fire has consumed some 70,000 acres

kayla tausche is down there with a news alert >> we are learning from the white house that the president is expected to make remarks in about 90 minutes time. they'll be part of a pool spray happening at the top of a meeting that had been previously scheduled with republican members of congress to discuss tax reform 2.0 the white house is now saying that the president will address his recent trip to helsinki and his meeting with russian president vladimir putin at the beginning of that meeting. we'll stay tuned for that. >> let's go to contessa brewer now with the headlines >> at a gop press conference today house speaker paul ryan said he is willing to apply additional sanctions on russia >> russia is trying to undermine democracy itself to delegitimize democracy. we know they interfered with our elections and we passed sanctions on russia to told them accountable. more importantly what we intend to do is make sure they don't get away with it again >> israeli prime minister benjamin netanyahu visited an area bordering the gaza strip. he said the military is prepared for any scenario isr

john >> kayla, has there been any discussion on dropping u.s.ariffs on light trucks, on european imports as an offer on good will. and what do you make about the press that they themselves are listing a potential $20 billion in tariffs if things don't work out? >> reporter: well, the eu has been preparing retaliatory lists for more than a decade i mean, you remember back when george w. bush put tariffs back in place in 2002 they refleshed that earlier this year and they have been working on their own retaliation, if, in fact, the auto tariffs come to pass but the administration is looking for a sign of good will first from europe, which may be hard to come by, because of how many parties would have to come to terms with a deal like that it's not just germany. it's also france, it's also italy. off lot of countries $you hav--v a lot of countries that would have to get on the likes of that and it is something that the likes of merkel exspouse >>> up better than 4% this morning after topping earnings estimates. blake moret is join ughiing us on cnb

it's kayla. >> yes. i was interested in kids expressing themselves online.e girls talked about their souls. okay. i'm going to write about a girl. it's a little more interesting. the good thing about this generation, you want to learn about them, they are posting everything about themselves online. the research is pretty quickly at hand. >> you said you were a loser boy. your words, not mine. >> what's hammy. >> ham. >> hamming it up. >> i wasn't -- my shyness or anxiety didn't peak until i was sophomore. >> loser boy part i was talking about. did you draw from personal experience at all? >> eighth grade wasn't ideal for me. my body was exploding and i was terrified of everything all the time. no. i really wanted to talk about how i was feeling living now and for me like the cultures kind of going through an eighth grade moment. i feel unsure of myself. weird, strange. >> you wanted to explore anxiety, which i think is something that so many people know about with their kids, right? >> yeah, i think so. and it's just a very anxious time. i think for all of u

. >> all right thanks very much kayla in d.c. >> and hitting the bricks.ck hitting the lowest level in six weeks process as ceo elon musk gets into hot water following a slough of tweets the trade on the stock is next plus the bill is due, the story of one company that's already paid out $3 million in tariffs atnduse of new laws. th a more ahead on power lunch. (siren wailing) (barry murrey) when you have a really traumatic injury, we have a short amount of time to get our patient to the hospital with good results. we call that the golden hour. evaluating patients remotely is where i think we have a potential to make a difference. (barry murrey) we would save a lot of lives if we could bring the doctor to the patient. verizon is racing to build the first and most powerful 5g network that will enable things like precision robotic surgery from thousands of miles away as we get faster wireless connections, it'll be possible to be able to operate on a patient in a way that was just not possible before. when i move my hand, the robot on the other side will mimi

kayla. >> that headline giving a lift to the market, where the talks could potentially be headed.of the article published by bloomberg news says stephen mnuchin and counterpart in china have basically been restarting talks to figure out how to avert a trade war a couple of points that should be raised about that nugget specifically number one the treasury secretary said on cnbc last week, quiet conversations between the u.s. and china continue though he would not comment on the status of them and said if china were to come to the table with a serious offer about changing market access and long term economics of the relationship between the two countries, then they would consider it, but signaling that essentially there had been a stalemate on that front. another point i would raise is larry kudlow a couple of weeks ago at delivering alpha said while there had been conversations between the u.s. and the mid level and high level chinese economic officials, that the buck stop the with president xi and he appeared unwilling to do a deal and the ball remained in his court. i would caut

>> all right, kayla. thank you. let's get out to julia boorstin.century fox upping its bid for sky. and the top cnbc parent current offer $16.60 a share julia boorstin oh, oh i got it i got it from the allen and company conference in sun valley this morning. i bet you the weather is great it's a dry sort of heat when you're there, julia. the biggest names in media are gathering right now. everywhere you walk, i guess, you sort of run into someone >> yeah. and the big topic of conversation here is what's next for rupert murdoch and brian roberts who we have seen here and now the focus is really shifted away from next bids for fox to next bids for sky after fox put in that higher bid for sky this morning, we can expect comcast to reply fairly quickly within days. we are also awaiting a decision from the uk's takeover panel on the minimum bid that disney and fox could be -- sorry. disney would be obligated to pay for sky shares due to a rule called the chain principle rule in the uk that links sky's value and the minimum required to pay for those shar

it comes during a crisis at the border, his 10-year-old daughter, kayla, says she was worried what would happen to her dad. >> a lot of mexicans immigrated here and they are happy with their families but many of them are getting separated and that scares me. >> i am proud to be a u.s. citizen and hold my family together. >> reporter: though many here simple i -- sympathize with immigrants illegally crossing into the u.s., others would like them to go through the legal process. >> you have to go through immigration and get a ticket and interview. >> reporter: for the cerda family, their immigration story does not end here, raul's wife monica has been in the u.s. since she was eight years old and is hoping someday to be a u.s. citizen. >> this is what i know, if i was to go back there, i would be lost. >> reporter: today she celebrates her husband. >> at least another people's eyes he will belong here. >> reporter: today, for 76 new citizens, a proud moment, your passport will soon match the feeling inside, the united states now longs to them as well. in alameda, jessica flores, kpix 5 >>>

>> i would have to say kayla. >> i'll take responsibility. >> you have to be held accountable for thatt there is no price on knowledge, so for someone to pick up this book and say, hey, this means something to me, i want to give you this knowledge and hopefully it will work for you -- >> please... >> trevor: please welcome tip "t.i." harris! ( cheers and applause ) ♪ >> trevor: what's going on? >> i can't complain. what's up? >> trevor: good to have you back on the show looking sharp as always. back with a brand-new show "the grand hustle." i've seen a show where people have to compete to try to get a job on tv, but this show was different because it's people competing with street knowledge versus business knowledge. >> right. >> trevor: what do you think is more important? >> you know, it's a social experiment. i think that's what the show is for so we can actually answer the age-old question, which education is more valuable, school of hard knocks or institutions. >> trevor: right. you had both, though. i mean, you're someone who had a hard knock life growing up. >> sure. >> trevor:

kayla tausche joins us with more on this.or anybody hoping for a resolution, this may have been the best they could hope for >> they are putting their trade differences on hold for a time the two announcing yesterday a new phase in the eu/u.s. relationship to continue negotiating towards freer trade. >> this is why we agreed today first of all to work together towards zero tariffs, zero nondoctno non-tariff barriers and zero su subsidies on non-auto goods >>> the u.s. won't roll back steel and aluminum tariffs it placed on june 1st jean-claude juncker talked about that in a speech after the white house announcement >> the idea that imports of steel or aluminum from your closest ally could threaten the national security of this country, this goes against all logic and against all history. we agree the president must reassess this measure in due time >> it was enough to win over president trump two tweeted a photo of him and juncker hugging saying the u.s. and the eu truly love each other. they did not announce another date for

kayla is following it all from the white house. kayla. >> michelle, it is certainly the escalation between the u.s. and iran that has the biggest geopolitical and market implicatio implications president trump late last night tweeting directly at iran's president that threatening the u.s. would result in consequences the likes of which few throughout history has ever seen before. that late night tweet coming after the president reportedly told diplomats on the grouped in iran that the u.s. shouldn't provoke its government in just two weeks the u.s. will be resanctioning iran's economy, limiting debt issuance, activity, and the real and exports like metals, carpets, and autos, those go back in place on august 6th after the u.s. in mid-may decided leave the iran nuclear deal. as denuclearization with north korea, president trump says he is very happy despite the washington post reporting that he is frustrated privately with the lack of progress since his mid-june summit there. he tweeted about that too. he is now taking aim at amazon

thank you, kayla. >>> let's bring in steve leishman steve, what's your reaction?you knowing i'm wondering what this economy has to do to not be described as growing modestly or moderately by the federal reserve beige book we are in a quarter now where we are going to do according to the latest krrks nbc rapped update 4.4% growth, or we were in the second quarter of 2018 this is the same language that the federal reserve used to describe a 2% economy. i'm perplexed at what has to happen to economic growth to get a little bit of an upgrade in the beige book i think one of the thins that's very important for the federal reserve in this is that all of the pricing pressure is also described as very modest or not a lot of pass-through so not a lot of inflation from the growth that's going on right now. i think one other thing out there is that now you know where -- one places jerome powell, the fed chairman gets it from when he talks about business contacts telling the federal reserve there is all this trade concern out there it's deep and all over this beige book when

thank you, kayla >>> market is higher today on reports the u.s. and china have resumed back channel talks on trade. this all comes as the state department announces a new set of initiatives backed by federal dollars. to promote the u.s. private sector investment in india and the pacific. many see it as the u.s.'s answer to china's massive overseas infrastructure program called one belt, one road i spoke with u.s. secretary of state mike pompeo about the new economic push by the state department >> is this an answer to one belt one road, what you announced today? >> we're convinced that american engagement and the i understando-pacific relationship, we want it to be free and open. we're not looking for dominance. we're looking for partnerships others choose to behave differently. we want these to be commercially viable projects led by the american private sector in a way that benefits the entire region and the world. >> there's a reason why some of these countries, though, like to get involved with the one belt one road, right? those contracts are

kayla, thank you very much so is the president right and can the economy head even higher from here or is this maybe as good as it gets? joining us is austan goolsbee and lanhee chen. mr. chen, is there a nit to pick in this report or is it all tulips and roses >> look, i think there are always nits to pick and always ways of looking at these reports and saying on the one hand, on the other hand fundamentally what you saw from the president today was the kind of economic cheerleading this is something that our own friend, larry kudlow, would have been delighted in, probably had a hand in. the notion of cheerleading the economy is something that is meaningful i think it's reasonable to expect the economy will continue to be strong the question, of course, is how strong obviously the president has set himself a very high marker if he doesn't meet it, there may be repercussions but fundamentally, i think there is a lot to cheer in today's report for trump, for the republicans and certainly going into a midterm election, great news for them. >> austan, how about you it would appear that th

>> all right, kayla. thank you.on. >>> let's get back to the markets this morning the dow marching back to 25,000. the s&p 500 testing 2800 mike has been looking -- what? at levels we were just talking about. >> i didn't know this was coming up >> joe likes the introduction. >> i like when we introduce him when he's sitting on set with us >> i just turn to him like we're having a conversation. >> yeah, it was fantastic. >> we have been looking at the 2800 level in fact, we've got a chart kari was talking about how that acted as a ceiling this chart shows year to date s&p 500 has made several runs up in that direction. we did get this pause in the last few weeks it seemed the market was loading up for another attempt to get up toward the old highs in january. we first hit 2800 january 17th of this year you see in the past few months, you kind of made an effort to get back there what i had these other lines drawn, that's the rallies in the beginning part of each month the first half of each month has been strong inclu

kayla byrne says she was taking cover under her tent the moment it hit. she caught it on camera.. then 10 minutes later..she and her friends found 22 year old brittney prehn lying unconscious..bl eeding from her ear. her phone was shattered and boot was shredded (vicki) according to a family member, the young woman is currently in an i-c-u in chicago. (grant) supporters of ousted disney director james gunn hope an online petition can get his job back. a change-dot-org petition has collected over 200-thousand signatures... including the well-known names of actress selma blair and guardians of the galaxy star dave bautista.. disney fired gunn friday after decade-old tweets resurfaced of him making light of offensive topics... such as rape and pedophilia. he apologized for the tweets. the hottest team in baseball just keeps rolling... the a's blasting the rangers i

hi, kayla. >> reporter: there's a process in place for companies to raise their hand or opt out or attempt to occupant out from those tariffs. the u.s. trade representative just announced that process last week for those 818 product lines. the problem the kraeccompanies s the process can take several months and in the meantime there's uncertainty and oftentimes cost increases. just look at the way it's gone for the commerce department. commerce opened the process four months ago and has gotten applications for more than 20,000 product lines by mid-june fewer than 100 applications had been processed that grant exclusions to just 7 steel companies and 42 products. and as of today just one aluminum company has gotten an exemption. so clearly a lot of work to do the irony here is that the length of these processes for these companies to get excluded from the tariffs could end up being longer than the tariffs will be in place we don't know how long these tariffs will be in place this morning the chief economist said its his expectation that now tariffs have been instituted that what follows now

. >> vincent has an open adoption with his birth mother, kayla. lives in michigan.child grow up in a loving home. >> i'm in love with his family. they bring me a lot of happiness and i didn't really have that until i met them. i would never change it for anything. >> however you find each other, expert says every adoption needs to be approached cautiously with a reputable attorney or agency. >> of course. i )m marcus washi. london breed will swear in as >>> good morning to you, it is 8:26, i'm marcus washington. london will swear in a new mayor. breed will be the first black woman to hold the office. former mayor and current candidate gavin newsystem will conduct the shone. we'll have london breed's historic inauguration coming up. >>> it is pretty light in the south bay, not historically light. here is the 101. look at that in san jose, a general push northbound, there is where the camera is, a little slowing around winchester. the silicon valley is great. the dumbarton bridge moving smoothly. everything slowing toward the interchange. that crash is on the shoulder

. >>> welcome back to fast money, breaking news out of washington, d.c., on trade let's go to kayla at the white house. >> we want to bring you an update on where things stand we learned from three sources familiar with the matter, that the u.s. and mexico are set to resume talks here in washington on thursday. a canadian official confirms that a foreign minister of canada will not participate in these meetings she will remain in singapore with the asean communities >> you heard the president and many administration officials just this weekend talking bullishly about the potential nor a bilateral deal with mexico i don't see canada coming to the tabling until there's a deal with mexico. that deal could come together in the next two to three weeks. we did reach out to the u.s. trade representative on timing of the nast ta talks they declined too comment. >> tim seymour a good sign >> if you want to talk about, this is how we're going to negotia negotiate, play the game, how aggressive were we with our neighbors? i don't know most people, or at least i do. the china trade discussions are

my name is kayla. i'm a local actor and educator, and i work with the new conserveatory theater. when i was in 2010, i saw the teen play they produced. it was the very first play i had seen outside of the school program. a filipino beingtor was falling in and out of love on the stage, years later, i auditioned for the theater. eight years ago and now, the stories that the new conserveatory plays still resonate within the world and the city, especially in the world that we live in today, and it's crucial to the hearts and minds of the communities. thank you. >> supervisor cohen: thank you. next speaker. >> good morning. my name is nicole mendez, and i work as the program director for the youth aware educational theater. as you may have heard, we have reached the hearts and minds of san francisco students for the past 35 years. by crafting original plays that reinforce the sfusd's k through 4508 youth and wellness curriculum, ween rich staffing and educators in making school campuses better and peaceful places. we empower students to reach out and care for others and their communit

let's get to kayla tausche live in d.c. with more. >> reporter: the u.s. and europe put the trade fight on hold for now saying they would enter a new phase in their relationship and work together towards freer trade and streamlining regulations. >> this is why we agreed today first of awful to work together towards zero tariffs, zero non-tariff barriers, and zer subsidies for the non-auto industrial goods. >> so as long as talks are ongoing, neither side will enter into new tariffs the u.s. won't immediately roll back the metal tariffs it put in place on europe on june 1st. the idea that imports of steel or aluminum from your closest ally could threaten the national security of this country, this goes against all logic and against all history. we agree the president must reassess this measure in due time >> so they'll reassess that. but it was enough to win over president trump, who last night tweeted a photo of him and president juncker embracing with a caption that said the u.s. and eu truly love each other that, of course, a week after calling the bloc